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20130422
20130422
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, the ceo cites signs of stability. >>> apple, just a day after it's set to report results. reports swirling about a possible iphone 5s delay if production. >>> did your flight get delayed this weekend? maybe you should blame it on the furloughs. headlines from the sequester continuing to bite business travellers and airlines alike. >> the markets coming off their worst week in five months and it wasn't that long ago we were on the verge of hitting s&p 1600. what do investors expect going forward? tobias levkovich joans us at post 9. welcome. always good to see you. >> good to be here. >> coming on a day when you have "barron's" over theec wooend and their poll and we laughed about it a little bit. dow 16,000 by the middle of next year. they're talking s&p 1682 and people want to read that this morning as a danger sign. >> i would be a little bit careful. if you look at how they've been with the market they've been somewhat cautious and very u.s. oriented. even cyclicals like retailers will be u.s. oriented and not the global cyclicals. i don't think people have bought into this. we see cash
are changing the way we defend our country. dagen: apple sending back millions of iphones because they were not to apples liking. take a look at how the stock is trading today. up almost 1.5% today. ♪ ♪ for about 15 minutes past the hour. connell: trip is here to make us a little bit of money. go ahead, charles. charles: checkpoint software. a little favorite of mine. they do security for companies. what i like is they have gotten into this whole data scenario. we talk about the cloud, but no one ever talks about securing the cloud i think that will be a great area. i just think the stock is so oversold. some technicians would argue it is a reverse head and shoulder. this month, there will be a whole bunch of investor cards is. i love the risk reward on checkpoint right now. pretty good room to the upside. connell: you have more on the time of year. charles: in the next hour, we will talk about the spring swoon. connell: 16 minutes past the hour. very good. thank you. anything to add? let's go to nicole at the stock exchange. looking at apple. nicole: everyone is talking about apple. it
. and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers out there. we begin with hampton pierceon. >> here at reagan national, the number of flights being delayed has been increasing throughout the day. a snapshot looking at the schedule board shows 30 minutes to one hour delays. delays due to furloughs of controller controllers business and leez travelers we talk to today think the government ought to have come up with a better solution. r. >> i think they should have more air traffic controllers because it helps with our safety. >> i have tsa approved. i travel constantly. >> the major airlines is suing the the. >> in the meantime for travelers over the next six m
way to say this, companies unfortunately are cutting their way to earnings success. >> apple reports after the close tomorrow. it's expected apple to report a nearly 8el% jump in revenue. that would be the weakest for the company in years. shares below 400 bucks for the first time since december 2011 on friday. it has shed nearly 300 billion in market value since peaking at just above 705 a share in september. and it is, if you're asked to a cocktail party what the biggest company in the world is, it's not apple any wore. >> it changed last week spp. >> it switched to exxon mobil. in fact, if you look at the ochgzs market, options pricing on friday suggesting a post earnings move of about 7.5% by april 26th. which is this friday. the key, of course, is 7.5% which way? >> that is very true. >> that's a 15-point swing. >> let's get you through some of the other issues this morning. boeing is beginning to fix grounded dream liners, installing reinforced lithium ion batteries. they're finally here. the company started today with five jets owned by nippon airways. it should make the first
of all with apple. the worst week in two and a half years, down 9% last week and nicole, any sign of a bounce? >> right, we're seeing it up 1/2 a percent for apple. i've read so much and 14 analyst downgrade apple some way, shape or form the last couple of months though there were a couple who were positive this morning and reading about forbes, throwing out the idea whether or not tim cook may be replaced, but there are so many folks who love it, but everybody knows it was adds 700 stock back in september and it's still below 400. stuart: you can't call it a bounce, a gain of a buck, that's not a bounce at all, but tell me about ibm. we would have had a triple digit rally for the dow, but any bounce. nicole: we're watching ibm, higher this morning, a name on friday dropped 8 1/4%. the biggest drop ibm has seen in three years, and the worry is about the growth prospects for the company for 2013, as you noted, it shaved off over 100 points on the dow on friday. stuart: i don't want to grind my ax, but i have a task for you. can you tell me why in the next update, were microsoft ope
. >> let us talk about something that will happen tomorrow, apple earnings. apple is up. some people think the stock is beaten down as far as it will go right now. >> that is very interesting. we're waiting on netflix. netflix is a winner. apple crossed the $400 mark, 402 today. hard to call a bottom. people said double down. if you owned it at 600 you must love it at 390. liz: we can't count how many people said, oh, now is the bottom at apple. who knows if they're
of melissa's segments on our website, kpix.com/mornings. >>> a lot is riding on apple's earnings report that is expected tomorrow. they have had a tough couple of weeks. kcbs radio's financial reporter jason brooks reports. >> reporter: it seems like it's been a long time now since apple stock was above $700, back in september when they had a streak. it's been struggling and fell below $400 last week for the first time since december 2011. the company reports its fiscal 2nd quarter earnings after the closing bell tomorrow. it's expected to report an 18% drop in profits from a year earlier which would be the first year-over-year drop in profit since 2003. lots of worries that iphoneand ipad sales are much weaker as a lot of consumers hold off the next product refresh from apple and a lot will be riding on that. and for the stock tomorrow. the one good thing is with so many analyst downgrades, any good news from apple could turn it around tomorrow. ebay is trying to leverage its user base in a vote in congress. the company started sending emails to its 40 million usingers this weekend try
stocks is enticing for people who want to take money off the table. apple on tuesday, a lot of you have been asking me about apple and what will happen with apple shares, tuesday we will get apple results. a lot to digest this week. $333 million, that's an estimate of how much it dos shut down boston and surrounding suburbs on friday. $333 million. the losses will likely be short-term for companies. boston is a big company getting back to work this monday morning. the boston metropolitan area produces $325 billion worth of goods and services every year. a little less than a billion dollars a day. the ninth gdp in the country. friday everything just stopped. businesses closed. public transit shut down. 16 of the area's 35 colleges closed campuses. most of the taxis were off the roads. shopping centers were shut. while many people worked from home or had the day off, some workers were very busy. thousands of law enforcement officials, hospital workers, hotel workers. there was overtime. where you saw some companies shut down, other area there's was economic activity. dunkin' donuts locati
flooded roads. the water has also swamped hundreds of thousands of acres of farmland. >>> apple, amazon, caterpillar, at&t, ford, starbucks, exxonmobil, just some of the companies scheduled to come out with earnings reports this week. more than 80 companies reported last week. 72% did better than analysts expected. stocks lost ground last week though despite closing higher on friday. the dow up 10. nasdaq up about 40. and the futures are up today. so that's good. >>> investors who held on to their boeing stock after the new 787 dreamliner was grounded are reaping the rewards now. the faa approved a fix for the battery system that kept dreamliner out of service for three months. boeing stocks surged 2% on friday up 19% from its low point this year. >>> and another major rating agency has stripped britain of its aaa credit score. fitch down gridded them one knowledge to aa-plus -- downgraded them one notch to aa- plus saying they can't get a handle on their debt. >>> the latest lundberg survey shows the california average for a gallon of regular gas dropped 9 cents over the past two weeks
-year high. hong kong's hang seng added a fraction. essentially major countries including apple, ford, exxonmobil, will release their earnings this week. it comes as they finish their worst week since november. the dow lost 317 points while nasdaq lofrt nearly 89. there's good news at the pump with a gallon of gas dropping 11 cents. the lung berg survey now finds the total. tulsa has the cheapest at $3.21 a gaon while chicago is the most expensive in the continental u.s. at 3.97. >>> oblivion beat the competition at the box office this weekend. the sigh-fie thriller stars tom cruise as one of the last humans on a war-torn earth following an alien investigation. it hauled in more than $83 million. 42 fell to second place with $178 million in second. the croods rounds out the top three with 5.93. anne-marie? >> erica ferrari in new york. thank you, erica. straight ahead, your monday morning weather. and legally arrested. actress reese witherspoon has an embarrassing run-in with the law during a traffic stop. so i can't afford to have germy surfaces. but a fresh sheet of bounty duratowel
suspended. melissa: i feel like it happens all the time. more than one bad apple. apple iphone's return to manufacturer boxcar on. lori: tax-free online shopping could be numbered. melissa: take another look at metals as we head out to break. copper trading lower. we will be right back. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by cnging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfsfunction get in your wa? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in bloo
street, several major companies including apple, ford and exxonmobil will release their earnings reports this week. this comes as the market finishes its worst week since november. but the market did manage to recover some of its losses friday. the dow rose 10 points while the nasdaq climbed 39. >>> asian markets were mostly hirer ahead of economic data from china. tokyo's nikkei added 2% a nearly five-year high. hong kong's hang seng added a fraction. >>> investors who on to their boeing stock following the grounding of its new 787 dreamliner are reaping the rewards. the faa approved a fix for the battery problem. boeing was up 19% from its low point this year. >>> it may be a better idea to drive than fly especially now with the cost of a gallon of gas dropping 11 cents in the past two weeks. the new lundberg survey found the national average now stands at 3.54 for a gallon of regular. tulsa, oklahoma, is the cheapest at 3.21 while chicago is the most expensive in the continental u.s. at 3.97. back to you. >> erica, no surprise a lot of giving people out there. over a million dollars
Search Results 0 to 11 of about 12